New Research Report On Emerging Opportunities in Saudi Arabias Cards and Payments Market Share And Size Analysis By MRRBIZ
New Market Research Report Added In MarketResearchReports.Biz Reports Database Emerging Opportunities in Saudi Arabias Cards and Payments Industry:Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape.
- (1888PressRelease) January 09, 2013 - Albany,New York,USA - The report provides top-level market analysis, information and insights on Saudi Arabia's cards and payments industry, including:
Comprehensive analysis of the industry's attractiveness and future growth areas.
Analysis of various market drivers and regulations governing the Saudi Arabian cards and payments industry.
Comprehensive analysis of consumer attitude and their buying preferences for cards.
The competitive landscape of the Saudi Arabian cards and payments industry.
Summary
The Saudi Arabian banking system is well capitalized and consists largely of commercial banks. In April 2012, the international monitory fund (IMF) stated that there were 23 licensed banks in operation in the country. Compared to other Gulf Co-operation Council (GCC) countries, the Saudi Arabian cards and payments industry is considered, by MasterCard's 2012 consumer confidence survey, to be extremely optimistic.
The debit and charge card categories are anticipated to post nominal growth over the forecast period. The prepaid card category is expected to post a CAGR of 19.05% while the credit card category is expected to grow at a CAGR of 16.46%. The prepaid and credit card categories are anticipated to be key industry drivers.
Scope
This report provides a comprehensive analysis of the Saudi Arabian cards and payments industry.
It provides current values for the Saudi Arabian cards and payments industry for 2012, and forecast figures for 2017.
It details the different macroeconomic, infrastructural, consumer and business drivers affecting the Saudi Arabian cards and payments industry.
It outlines the current regulatory framework in the industry.
Reasons To Buy
Understand the key market trends and growth opportunities within the Saudi Arabian cards and payments industry.
Assess the competitive dynamics in the Saudi Arabian cards and payments industry.
Gain insights in to the marketing strategies used for selling various types of cards in the Saudi Arabian market.
Gain insights into key regulations governing the Saudi Arabian cards and payment industry.
Key Highlights
The Saudi Arabian banking system is well capitalized and consists largely of commercial banks. In April 2012, the international monitory fund (IMF) stated that there were 23 licensed banks in operation in the country.
The Saudi Arabian cards and payments industry recorded a CAGR of 11.79% during the review period. In terms of transaction value, the industry increased from SAR430.4 billion (USD114.9 billion) in 2008 to SAR820.4 billion (USD218.8 billion) in 2012.
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